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STOCK-BASED COMPENSATION
 12 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
Stock Incentive Plan
    In September 2017, our stockholders approved our 2017 Stock Incentive Plan (the "2017 Plan"). The aggregate number of shares issuable under the 2017 Plan is 13,954, subject to adjustment as set forth in the 2017 Plan, and, as of March 31, 2022, there were approximately 8,348 shares available for issuance. The 2017 Plan is administered by the Compensation Committee of the Board of Directors and allows for awards of restricted stock units and other stock-based awards of our common stock to employees and non-employees, including to ZelnickMedia in connection with their contract to provide executive management service to us. Subject to the provisions of the plans, the Board of Directors, or any Committee appointed by the Board of Directors, has the authority to determine the individuals to whom the equity awards are to be granted, the number of shares to be covered by each equity award, the vesting period, restrictions, if any, on the equity award and the terms and conditions of the equity award. Upon the vesting of certain stock-based awards, employees have the option to have us withhold shares to satisfy the employee's federal and state tax withholding requirements.
Stock-Based Compensation Expense
    The following table summarizes stock-based compensation expense included in our Consolidated Statements of Operations:
 Fiscal Year Ended March 31,
202220212020
Cost of goods sold$48,381 $8,707 $154,031 
Selling and marketing30,027 18,348 18,680 
General and administrative66,443 56,830 53,607 
Research and development38,118 26,587 31,563 
Stock-based compensation expense before income taxes$182,969 $110,472 $257,881 
Income tax provision/(benefit)$(35,435)$(21,746)$(48,687)
Stock-based compensation expense, net of income tax benefit$147,534 $88,726 $209,194 
Capitalized stock-based compensation expense$82,106 $30,124 $24,451 
    During the fiscal year ended March 31, 2022, the forfeiture of awards resulted in the reversal of expense of $690 and amounts capitalized as software development costs of $3,201. During the fiscal year ended March 31, 2021, the forfeiture of awards resulted in the reversal of expense of $69,758 and amounts capitalized as software development costs of $10,837. During the fiscal year ended March 31, 2020, the forfeiture of awards resulted in the reversal of expense of $425 and amounts capitalized as software development costs of $2,607.
    As of March 31, 2022, the total future unrecognized compensation cost related to outstanding unvested restricted stock was $466,143 and will be either recognized as compensation expense over a weighted-average period of approximately 2.96 years or capitalized as software development costs.
    For the fiscal years ended March 31, 2022, 2021 and 2020, the total fair values of restricted stock units that vested were $208,614, $205,867 and $219,007, respectively.
Restricted Stock Units
Employee Awards
    Time-based restricted stock units granted to employees under our stock-based compensation plans generally vest either annually or quarterly over three years from the date of grant. Certain restricted stock units granted to key officers, senior-level employees, or key employees vest based on market conditions, primarily related to the performance of the price of our common stock. Certain restricted stock units granted to key officers, senior-level employees, or key employees vest based on performance conditions, primarily related to performance metrics around certain of our titles.
ZelnickMedia Non-Employee Awards
    In connection with the 2017 Management Agreement, we granted restricted stock units to ZelnickMedia (see Note 3 - Management Agreement) as follows:
 Fiscal Year Ended March 31,
20222021
Time-based51 79 
Market-based(1)
93 145 
Performance-based(1)
  
IP16 24 
Recurrent Consumer Spending ("RCS")16 24 
Total Performance-based32 48 
Total Restricted Stock Units176 272 
(1) Represents the maximum number of shares eligible to vest.
    Time-based restricted stock units granted in fiscal year 2022 will vest on April 13, 2023, provided that the 2017 Management Agreement or the 2022 Management Agreement, as applicable, has not been terminated prior to such vesting date, and those granted in fiscal 2021 vested on April 13, 2022.
    Market-based restricted stock units granted in fiscal year 2022 are eligible to vest on April 13, 2023, provided that the 2017 Management Agreement or the 2022 Management Agreement, as applicable, has not been terminated prior to such vesting date, and those granted in fiscal 2021 vested on April 13, 2022. Market-based restricted stock units are eligible to vest based on our Total Shareholder Return (as defined in the relevant grant agreement) relative to the Total Shareholder Return (as defined in the relevant grant agreement) of the companies that constitute the NASDAQ Composite Index as of the grant date measured over a two-year period. To earn the target number of market-based restricted stock units (which represents 50% of the number of the market-based restricted stock units set forth in the table above), the Company must perform at the 50th percentile, with the maximum number of market-based restricted stock units earned if the Company performs at least at the 75th percentile.
    Performance-based restricted stock units granted in fiscal year 2022 are eligible to vest on April 13, 2023, provided that the 2017 Management Agreement or the 2022 Management Agreement, as applicable, has not been terminated prior to such vesting date, and those granted in fiscal 2021 vested on April 13, 2022. Performance-based restricted stock units, of which 50% are tied to "IP" and 50% to "RCS" (as defined in the relevant grant agreement), are eligible to vest based on the Company's achievement of certain performance metrics (as defined in the relevant grant agreement) of either individual product releases of "IP" or "RCS" measured over a two-year period. The target number of performance-based restricted stock units that may be earned pursuant to these grants is equal to 50% of the grant amounts set forth in the above table (the numbers in the table represent the maximum number of performance-based restricted stock units that may be earned). At the end of each reporting period, we assess the probability of each performance metric and upon determination that certain thresholds are probable, we record expense for the unvested portion of the shares of performance-based restricted stock units. Certain performance metrics have been achieved as of March 31, 2022 for the "IP" and "RCS" performance-based restricted stock units granted in fiscal year 2021 and fiscal year 2022.
    The unvested portion of time-based, market-based and performance-based restricted stock units held by ZelnickMedia as of March 31, 2022 and 2021 were 449 and 588, respectively. During the fiscal year ended March 31, 2022, 315 restricted stock units previously granted to ZelnickMedia vested and 0 restricted stock units were forfeited by ZelnickMedia.
Fair Value of Stock-Based Awards
Time-Based Awards
    The estimated value, based on the closing price of our stock on the grant date, of time-based restricted stock units granted to employees during the fiscal years ended March 31, 2022, 2021 and 2020 was $180.97, $171.58 and $115.01 per share, respectively.
    For the fiscal years ended March 31, 2022, 2021 and 2020, the estimated value, based on the closing price of our stock on the grant date, of time-based restricted stock awards granted to ZelnickMedia was $182.66, $120.00 and $92.65 per share, respectively.
    The following table summarizes the activity in non-vested restricted stock units to employees and ZelnickMedia under our stock-based compensation plans with time-based restricted stock awards presented at 100% of target number of shares that may potentially vest:
Shares
(in thousands)		Weighted
Average Fair
Value on
Grant Date
Non-vested restricted stock units at March 31, 20212,064 $139.94 
Granted560 $180.87 
Vested(720)$130.24 
Forfeited(56)$158.98 
Non-vested restricted stock units at March 31, 20221,848 $155.36 
Market-Based Awards
    The following table summarizes the weighted-average assumptions used in the Monte Carlo Simulation to estimate the fair value of market-based awards:
 Fiscal Year Ended March 31,
 202220212020
Employee
Market-Based		Non-Employee
Market-Based		Employee
Market-Based		Non-Employee
Market-Based		Employee
Market-Based		Non-Employee
Market-Based
Risk-free interest rate0.1 %0.2 %0.2 %0.2 %1.8 %2.4 %
Expected stock price volatility37.3 %36.3 %40.7 %40.8 %39.4 %39.9 %
Expected service period (years)1.51.01.51.01.51.0
DividendsNoneNoneNoneNoneNoneNone
    The estimated value of market-based restricted stock awards granted to employees during the fiscal years ended March 31, 2022, 2021, and 2020 was $292.76, $279.09, and $201.07 per share, respectively. For the fiscal years ended March 31, 2022, 2021, and 2020, the estimated value of the market-based restricted stock awards granted to ZelnickMedia was $293.32, $200.34, and $132.50 per share, respectively.
    The following table summarizes the activity in non-vested restricted stock units to employees and ZelnickMedia under our stock-based compensation plans with market-based restricted stock awards presented at 100% of target number of shares that may potentially vest:
Shares
(in thousands)		Weighted
Average Fair
Value on
Grant Date
Non-vested restricted stock units at March 31, 2021323 $187.21 
Granted288 $214.24 
Vested(357)$150.96 
Forfeited(2)$200.66 
Non-vested restricted stock units at March 31, 2022252 $242.90 
Performance-Based Awards
    The estimated value of performance-based restricted stock awards granted to employees during the fiscal year ended March 31, 2022, 2021, and 2020 was $176.05, $176.42, and $124.50, respectively. For the fiscal years ended March 31, 2022, 2021, and 2020, the estimated value of the performance-based restricted stock awards granted to ZelnickMedia was $182.66, $120.00, and $92.65 per share, respectively.
    The following table summarizes the activity in non-vested restricted stock units to employees and ZelnickMedia under our stock-based compensation plans with performance restricted stock awards presented at 100% of target number of shares that may potentially vest:
Shares
(in thousands)		Weighted
Average Fair
Value on
Grant Date
Non-vested restricted stock units at March 31, 20213,599 $150.06 
Granted96 $166.98 
Vested(93)$136.42 
Forfeited(39)$162.40 
Non-vested restricted stock units at March 31, 20223,563 $112.81 
Employee Stock Purchase Plans
    In September 2017, our stockholders approved our 2017 Global Employee Stock Purchase Plan as amended and restated ("ESPP"). The maximum aggregate number of shares of common stock that may be issued under the plan is 9,000, and as of March 31, 2022, there were approximately 8,535 shares available for issuance. The ESPP is administered by the Compensation Committee of the Board of Directors and allows for eligible employees an option to purchase shares of our common stock, which the employee may or may not exercise during an offering period. Eligible employees may authorize payroll deductions of between 1% and 10% of their compensation to purchase shares of common stock at 85% of the lower of the market price of our common stock on the date of commencement of the applicable offering period or on the last day of each six-month purchase period.
    The fair value is determined using the Black-Scholes valuation model. Key assumptions of the Black-Scholes valuation model are the risk-free interest rate, expected volatility, expected term and expected dividends. The risk-free interest rate is based on U.S. Treasury yields in effect at the time of grant for the expected term of the option. Expected volatility is based on historical stock price volatility. Expected term is determined based on historical exercise behavior, post-vesting termination patterns, options outstanding and future expected exercise behavior. The following table summarizes the assumptions used in the Black-Scholes valuation model to value our purchase rights:
 Fiscal Year Ended March 31,
20222021
Risk-free interest rate
—%
—% - 0.1%
Expected stock price volatility
27.7% - 33.2%
27.7% - 33.2%
Expected service period (years)0.50.5
DividendsNoneNone
    For the fiscal year ended March 31, 2022, our employees purchased 143 shares for $19,657 with a weighted-average fair value of $137.84. For the fiscal year ended March 31, 2021, our employees purchased 139 shares for $14,214 with a weighted-average fair value of $101.81.